Sat.Jan 30, 2021 - Fri.Feb 05, 2021

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New Playbook for Payments as Stadiums Reopen

Payments Source

Venues are piloting payment technology as a way to promote less contact and shorter lines. Digital payments Coronavirus Cash

Payments 165
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Episerver to Optimizely: When It All Comes Together

Perficient

Rarely does a company get the chance to do a lot of things well. Specialization is often the path to excellence. But at Perficient, we have a different story to tell – and we’ve been recognized by one of our most important partners for it. A New Episerver Emerges. Just this week, Episerver announced a rebrand and a new focus. The company will now be known as Optimizely, and that change reflects a shift in focus for the company.

Marketing 555
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Buy Now Pay Later: Why Millennials and Gen Zs are crazy for split payment options

Payments Dive

Buy Now and Pay Later has become a trend during 2020 and looks like, given the appeal it has for Millennials and Gen Z's it will be part of the payments industry in the future. Chaim Lever, co-founder of Four, a split-payment platform, shares his thoughts on why especially these two groups prefer to buy now and pay later.

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To boost performance, take care of people: Five ways to do it

Accenture

In my last blog post, I looked at findings from Accenture’s Care To Do Better research. Key finding: Organizations that adopt a high human touch can unlock 64 percent of their people’s potential and boost business performance. In other words, you need to focus on these six components: Emotional and mental health Physical health Relational…. The post To boost performance, take care of people: Five ways to do it appeared first on Accenture Banking Blog.

Strategy 311
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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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Why The Data Breach Decline Is Bad News For Businesses

PYMNTS

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were actually down in 2020 year-over-year. But the findings aren't necessarily cause for optimism, warns ITRC President and CEO Eva Velasquez. “While it is encouraging to see the number of data breaches, as well as the number of people impacted by them, decline, people should understand that this problem is not going away,” she said i

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B2B payment trends to watch for

Payments Dive

Josh Cyphers is the President of Nvoicepay, a FLEETCOR Company. For the past 20 years, Josh has managed successful growth for a variety of companies, from start-ups to Fortune 100 companies including Microsoft, Nike and Fiserv. He shares his thoughts on what trends will take the lead this year.

Trends 353
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Building a benefits case for ISO 20022 migration

Accenture

The time is now for every player in payments to begin their ISO 20022 migration, if it’s not already underway. As discussed in my previous post, the standard’s tipping point is rapidly approaching. Migration planning will be different for every organization, but the end goal is the same: building a solid benefits case for the…. The post Building a benefits case for ISO 20022 migration appeared first on Accenture Banking Blog.

Payments 260
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Jessica Alba’s Honest Co. Files For IPO; Valuation Could Reach $2 Billion

PYMNTS

Baby and beauty products company The Honest Company , which was founded by actress Jessica Alba , is quietly preparing to conduct an initial public offering (IPO), Bloomberg reported, citing unnamed sources. The company could be valued at as much as $2 billion, and an IPO could come as soon as Friday (Feb. 5), Bloomberg reported. As of Sunday (Jan. 31), no filing had been made with the U.S.

Retail 271
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It’s a Program, Not a Project: Designing Websites for Accessibility

Perficient

Many companies view accessibility remediation as a one-off project or a parallel effort to their current development life cycle. In fact, it is the opposite. Accessibility should be integrated into your overall design process from the very beginning. It’s important to focus on the benefits and advantages of “shifting left” and incorporating accessibility into the design process.

UX 531
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The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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PPP Headaches: As Anti-Fraud Efforts Continue, Borrowers & Lenders Face Challenges

Abrigo

Moves to validate applicants create complaints The SBA is urging patience as it works to assist lenders with resolving "holds" on applications. You might also like this webinar: "Detecting PPP Fraud: Optimizing Your AML Solution". register. Takeaway 1 To prevent the kind of fraud that plagued the Paycheck Protection Program in 2020, the SBA has put new measures in place that have created challenges.

Fraud 195
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Growing ESG data and tech markets becoming integral to sustainable finance

Bobsguide

Global inflows into sustainable funds were up 88 percent in Q4 2020 to $152.3bn compared with the same period in 2019, with Europe continuing to dominate the space, accounting for 80 percent of these inflows, while the US took in 13.

Marketing 174
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Healthcare Rx: Flexible Payment Systems Drive Positive Patient Experience

PYMNTS

Although the U.S. healthcare system is lauded for providing the best, most advanced care in the world, when it comes to the payments practices being used with much of that industry, honorable mention might be a more fitting rank. This, despite the fact that consumers are not only accustomed to modern, seamless payments in almost every aspect of their lives, but studies show 1 in 4 patients say they’d switch to another provider or doctor that offered more payment options and a better patient expe

System 267
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Five Simple Commands to Manage Your AWS EC2 Instances Using the CLI

Perficient

I have a lab environment in Amazon Web Services (AWS) that consists of four small EC2 instances. When I’m not using the lab, I shut the instances down and then start them up when I need them. When I do this, they get new public IP addresses, and I need to know those addresses in order to connect to them. I wanted to simplify this whole process by using the AWS command line utility (CLI).

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Payoneer puts itself on a faster track to go public

Payments Source

The payments company is going public by merging with a special purpose acquisition company — a faster and easier process than a conventional initial public offering, but one that exposes it to less seasoned investors.

Company 160
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European banking trends for 2021: Top 4 in store for the industry

Bobsguide

To say that 2020 has been eventful would be an understatement. No one could have predicted how these past 12 months would pan out and how big an impact the pandemic would have on the global economy and the banking sector specifically. As such, several new banking trends have emerged as lenders.

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VisaNet +AI Adds Predictive Element To Processing And Settlements

PYMNTS

Within financial services, artificial intelligence (AI) is typically deployed in various efforts to identify and stop fraud. But advanced technologies can also be leveraged to help financial institutions (FIs) operate more efficiently, improving the end-to-end payments experience for their consumers. It’s that holistic approach that has driven Visa ’s expanded AI initiative announced Tuesday (Feb. 2).

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Perficient Listed in Forrester Now Tech: Salesforce Consulting Partners, Q1 2021 Report

Perficient

When building digital customer strategies, enterprises often turn to Salesforce consulting partners to help transform their business. These partners help accelerate application development and delivery by: Jumpstarting digital transformation with Salesforce accelerators. Implementing governance and design thinking best practices. Staying on top of the trends with ongoing training and certifications.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

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Blockchain can bridge borders for payments

Payments Source

Sending money should be simple, but fintechs can’t do it alone. By leveraging cutting-edge technology like blockchain, we can solve real problems in payments that impact everyone, everywhere, says Ripple's Vidya Mani.

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How Fostering a Product-Driven Sales Culture Can Help Boost Sales

SWBC's LenderHub

There is no doubt that financial institutions are feeling the economic fallout from the COVID-19 pandemic. According to a report published by CFO in Q3 2020, “For the 5,066 commercial banks and savings institutions insured by the FDIC, aggregate net income totaled $18.8 billion, down $43.7 billion (70%) from a year ago. Slightly less than half of all banks reported annual declines in net income, and the share of unprofitable institutions increased to 5.4%.”.

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GM’s Electric Vehicle Makeover Reverberates Far Beyond Detroit

PYMNTS

Beneath a banner proclaiming “Zero Crashes, Zero Emissions, Zero Congestion,” General Motors’ CEO Mary Barra announced her company’s plan to produce 100 percent electric vehicles by 2035, the most sweeping overhaul of any major global automaker in the history of the industry. While the wisdom and strategy can be debated, there is no arguing the fact that GM’s decision to wean itself — and the world — off of fossil fuels will have tectonic effects that will be felt far beyond Detroit, and will ta

Detroit 256
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Perficient’s Brian Flanagan Featured in 2021 SoDA Report

Perficient

Brian Flanagan, Perficient’s Digital Experience Strategist was selected by the Society of Digital Agencies (SoDA) to contribute towards the recently released 2021 SoDA Report, Digital First, Digital Fast. In his article, Delivering at the Speed of the Customer , Brian shares his insights on developing technology-based experiences at the speed customers expect in a digital first world.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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The cashless Super Bowl is coming three years early

Payments Source

Visa and partners fast-tracked the big game's digital overhaul as the pandemic caused a sharp spike in demand for contactless payments.

Payments 167
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Rebeca Romero Rainey: You make an impact

Independent Banker

“From your focus on people to the good that you do, you make a lasting impact, and that’s what makes you uniquely who you are.”. When I consider what I love about community banking, I get a clear visual: overlapping concentric circles with one common center. Each circle represents an element of your impact on communities, including people, culture, economic growth, personal and professional development, and more.

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Italian Banking Association Embraces Need For Speed For Future Of Real-Time Payments

PYMNTS

To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. It’s a trend that has been encouraged by the Italian Banking Association, whose official role is to “represent, safeguard and promote the common and legitimate interests of its members, undertaking initiatives for the orderly, stable and efficient growth of the banking and financial sector i

Payments 250
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Artificial Intelligence and Human Resources

Perficient

It’s no secret that Human Resources Leaders are embracing technology innovations, in the hopes of improving engagement with their employees. With this optimistic opportunity, HR can see quick benefits and boost productivity through cognitive computing of their HR workflows. Here are 3 ongoing challenges where AI can produce real-time results. Candidate resumes on smart digital forms: Traditional requirements of new applicants to re-enter the same information, through repetitive, tedious ta

Resources 450
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Addressing Top Enterprise Challenges in Generative AI with DataRobot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.